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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets    
Cash and cash equivalents $ 21,189 $ 33,637
Restricted cash and cash equivalents 56,115 52,178
Accounts receivable, net of allowance for doubtful accounts of $11,706 and $30,112 at December 31, 2011 and 2010, respectively 11,815 17,983
Income taxes receivable 11,861 8,415
Deferred income taxes 3,353 16,078
Other current assets 11,081 4,834
Total current assets 115,414 133,125
Property and equipment, net 189,947 123,999
Restricted cash 555 760
Prepaid royalties 5,958 6,579
Goodwill 2,941 2,941
Deferred income taxes 0 2,800
Other assets 3,032 4,892
Total assets 317,847 275,096
Current liabilities    
Accounts payable 18,523 15,693
Accrued compensation and benefits 12,229 13,633
Accrued liabilities 8,456 10,416
Accrued litigation loss 0 5,200
Income taxes payable 536 829
Student deposits 57,602 48,873
Deferred revenue 21,723 15,034
Due to related parties 227 9,471
Current portion of capital lease obligations 470 1,673
Current portion of notes payable 1,739 2,026
Total current liabilities 121,505 122,848
Capital lease obligations, less current portion 674 151
Other noncurrent liabilities 7,140 2,715
Deferred income taxes, non-current 5,334 0
Notes payable, less current portion 19,901 21,881
Total liabilities 154,554 147,595
Commitments and contingencies      
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at December 31, 2011 and 2010      
Common stock, $0.01 par value, 100,000 shares authorized; 45,955 and 45,811 shares issued and 44,298 and 45,761 shares outstanding at December 31, 2011 and 2010, respectively 460 458
Treasury stock, at cost,1,657 and 50 shares of common stock at December 31, 2011 and 2010, respectively (23,894) (782)
Additional paid-in capital 85,720 77,449
Accumulated other comprehensive loss (360) (445)
Accumulated earnings 101,367 50,821
Total stockholders' equity 163,293 127,501
Total liabilities and stockholders' equity $ 317,847 $ 275,096